Friday February 1, 2013 2:39 pm

Sony will unleash the PlayStation 4 on February 20

Sony is set to reveal the PlayStation 4 in less than three weeks, on February 20th. According to The Wall Street Journal, not only will we get a look at the PS4 and a rundown of all the new features, which include "more social gaming aspects" and "changes in how users interact with the machine," but gamers can expect to be able to pick up the new PlayStation later this year.

As for the console itself, not much is known--what we do know is that it will likely be powered by an AMD CPU and GPU, which could prove difficult for PS3 backwards compatibility, since the PS3 is powered by Sony's Cell processor. Additionally, although Sony considered shipping the PlayStation 4 without an optical drive, the Blu-ray drive will still be present, because the company believes that games are too big, and broadband not yet fast enough, to rely on hard drive storage and digital downloads.